You hear about a great new money-making venture. You agree to go to a presentation where you are told that, after paying a joining fee, you can earn large amounts by recruiting new members to the scheme.
This is pyramid selling. In reality, only a tiny minority of those involved make money. Everyone else loses. Pyramid selling is illegal.
In a similar scam, you are offered an expensive gift, but first, you have to buy a low-value item. You get your high-value item only if lots of new members sign up - and you have to recruit them. You're very unlikely to ever get the gift.
Protect yourself
Avoid schemes that offer money or a gift based purely on signing up new members.
Don't agree to anything at high-pressure meetings or seminars.
Don't hand over any money or sign a contract to participate in any multi-level marketing plan until you've investigated it.
Caught by this scam?
Report it online at Action Fraud or telephone 0300 123 2040.
Safe Local Tradeshttps://www.safelocaltrades.com[email protected]0800 014 1832Allia Future Business Centre, Peterborough United Football Club, Peterborough, Cambs, PE2 8ANhttps://www.safelocaltrades.com/images/scaffolding/header-logo.png
You hear about a great new money-making venture. You agree to go to a presentation where you are told that, after paying a joining fee, you can earn large amounts by recruiting new members to the scheme.
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